I have a friend who is a hospital administrator and said "don't go into medicine to get rich. You'll be dissatisfied with the results!". He said that doctors in private practice/salaried doctors have tough regulations/restrictions in which the government and the insurance companies have upon them. Many doctors are frustrated with the pair, because it limits them to truly practice medicine. Next has to do with low reimbursements. Both the government/private insurance companies are making medicine unprofitable for physicians to stay afloat or break even in private practice and as a salaried doctors. Between extremely high medical debt, malpractice insurance, and annual licensing fees, many say its not worth continuing because of high cost! For these reasons, many physicians feel that its too tiring, too, expensive, and too regulated to continue on.
Is this true? If that's that case how expesive can it be to become a doctor and to maintain the status?
Lois Griffin
Yes. very.
Dyslexia be can fun
The malpractice insurance alone can run thousands of dollars per month.
D
Chris Christie
Yes because of evil, ambulance-chasing lawyers.
You are Terminated
Asking the same question over and over adds up to more.
Je Me Souviens- Quebecois
It would be more expensive if Obama did not pass the tuition reduction and Obama care.
Frank is Back
$ 200,000+ in student loans.
bigmikejones
Your friend is right, doctors don't get rich and just their malpractice insurance is enough to stagger the imagination. When you consider that our government puts so much regulation on them, their practice and DRG (diagnostic related groups - tells the doctor how long you have to get better in the hospital) you will become dissatisfied quickly. And now with Obama care driving everything up, to include insurance premiums, go figure.
I had a friend of mine, a doctor, tell me he could make more money being a piano player at an all-night cat house!!!
Semper Fi
Orignal From: Is It Expensive To Be A Physician?
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